World awaits Obama's response to economic crisis

Victory may be sweet, but a potentially deep U.S. recession and a global financial crisis will give Democrat Barack Obama little time to bask in the afterglow of his historic win in the U.S. presidential election, economists said Wednesday. See full story.

Democrats pad congressional majorities on Election Day

Democrats scored victories in five important Senate races Tuesday, adding to their majority in the chamber on the same night that Sen. Barack Obama became the first African-American to win the U.S. presidency. See full story.

Crude-oil futures fell early Wednesday, giving up some ground after soaring more than 10% in the previous session, as traders awaited the latest data on U.S. petroleum supplies due later today. See full story.

Disappointing earnings outlooks from European banks Wednesday overshadowed the impact of Democrat Barack Obama’s historic U.S. presidential victory, trimming risk appetite and lifting the Japanese yen and the U.S. dollar to modest gains. See full story.

Obama completes historic journey to presidency

Promising change in a climate of unprecedented voter discontent, Sen. Barack Obama rode massive voter turnout to a sweeping victory in Tuesday’s presidential contest over Sen. John McCain, becoming the first African-American elected as the nation’s chief executive. See full story.

Paul B. Farrell: 12 survival tips for the next four years if your candidate loses

A record 130 million voters are predicted to head to the polls Tuesday. The bad news: 65 million, roughly 50% of all voters, will be miffed, mad at, angry with, even hate the new president … no matter who wins! Half against Obama, half against McCain. Either way, half of America will be angry, for at least four years. See full story.

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